Sustainable living, sustainable financing : literature review on financing models for tiny houses in Finland

Abstract

Tiny houses are gaining recognition in Finland for their potential to enhance sustainable living. However, comprehensive analyses of their financing models and economic impacts are sparse. Motivated by the need to address housing affordability and environmental sustainability, this thesis explores innovative financing mechanisms tailored to the tiny house market in Finland. It assesses the adoption of these models as viable alternatives to traditional housing finance methods.

The analysis focuses on the financial and environmental implications of these models, comparing them with conventional housing investments. A methodology to quantify and estimate the economic benefits of tiny house investments prior to financing decisions is developed, equipping stakeholders with tools for informed decision-making.

The study demonstrates that implementing specialized tiny house financing models incurs significantly lower costs compared to purchasing traditional homes, while also promoting substantial environmental benefits. For instance, the cost of adopting these financial models for tiny houses represents just a fraction of the expenses involved in conventional home buying, offering a more affordable path to homeownership and sustainable living.

The adoption of innovative financing strategies for tiny houses could transform the Finnish housing market, promoting more sustainable and affordable living solutions. This thesis underscores the effectiveness and economic viability of these strategies, highlighting their potential to revolutionize housing affordability and environmental sustainability in Finland, making tiny houses a compelling alternative for tackling the nation's housing challenges.